LEAP, which has been dubbed the "Digital Davos", brings together the global technology ecosystem. Hong Kong Science and Technology Parks Corporation and the Hong Kong Cyberport, Hong Kong's major technology and innovation promotion hubs, have collaborated to co-host the first-ever Hong Kong Pavilion at LEAP. Startups from Hong Kong are showcasing cutting-edge innovations in sectors such as biotech, health-tech, logistics, AI, robotics, and new energy. The Middle East and Saudi Arabia have a great deal to contribute to China's Belt and Road Initiative, analysts said. The LEAP event is being held concurrently with Deep Fest, a global AI event with more than 20,000 attendees from all over the world.

Independent power producer Yellow Door Energy has concluded the development phase for a 48 MW solar photovoltaic (PV) plant in Leeudoringstad, North West. The solar PV facility will deliver electricity to multiple customers via the Eskom transmission grid, offering a stable tariff and substantial cost savings. Yellow Door Energy has committed a significant portion of the project’s capacity to companies and is in talks with reputable businesses for additional capacity through power purchase agreements. The project represents just the initial phase, with plans for an additional 192 MW of solar PV capacity in Leeudoringstad, totalling 240 MW. Yellow Door Energy aims to play a key role in South Africa’s solar wheeling market, supporting the country’s transition to a more sustainable and energy-independent future.

Gómez-Acebo & Pombo has provided legal counsel to logistic company ESP Solutions – Spain, controlled by investment funds Avior Capital and Blantyre Capital, in its acquisition of AUTRANSA Group. AUTRANSA, a family-owned company with over 40 years of tradition, is a significant player in the logistics industry. This acquisition positions ESP Solutions – Spain to strengthen its presence in North Africa and solidify its leadership in temperature-controlled transportation and logistics. The transaction was led by a team of legal experts including managing partner Iñigo Erlaiz (pictured left), Jorge Martín (of counsel, pictured right) as well as Patricia Pérez, Rodrigo Fernández-Chillón, and Gemma Serra from the corporate department. This strategic move underscores ESP Solutions – Spain’s commitment to expanding its operations and enhancing its service offerings in key markets.

Hitachi Energy has booked orders for over 65 units of its groundbreaking EconiQ™ 420-kilovolt Dead Tank Breaker and the world is taking note. Hitachi Energy has turned this vision into a reality with its revolutionary EconiQ™ technology. This is more than just a commercial success; it's a resounding vote of confidence from utilities, recognizing EconiQ as a cornerstone of the energy transition. In addition to the DTB, the company has developed SF 6 -free Live Tank Breakers (LTA) for 72.5 kV and 145 kV voltages, Gas Insulated Switchgear (GIS) for 72.5 kV, 145 kV and 420 kV voltages, Gas-Insulated Lines (GIL) for 420 kV voltage, and Retrofill for GIL for 420 kV voltage. Markus Heimbach, Managing Director of the High Voltage Products business at Hitachi Energy, reiterates the company’s unwavering dedication to driving the energy transition agenda forward.

Egypt has inked seven memorandums of understanding (MOUs) with global companies for the advancement of renewable energy and green hydrogen ventures in the Suez Canal Economic Zone (SCZONE), as per an official statement. The MOUs are anticipated to result in investments amounting to $12 billion for the pilot phases and $29 billion for the initial phases, with total investments exceeding $40 billion over the next decade. The agreements were endorsed in the presence of Egyptian Prime Minister Mostafa Madbouly and involved entities like the General Authority for the Suez Canal Economic Zone, New and Renewable Energy Authority (NREA), The Sovereign Fund of Egypt (TSFE), as well as Egyptian Electricity Transmission Company (EETC). Detailed information on project types, capacities, and specific investments remains undisclosed. Like this: Like Loading...

In 2023, most major economies in Africa experienced fewer overall cyber threats, but there were some exceptions. Kenya saw a 68% rise in ransomware attacks and South Africa saw a 29% jump in phishing attacks targeting sensitive information. Eighty percent of attacks on African organizations involved malware and 91% of attacks on African citizens included social engineering, according to the 2023 report by Positive Technologies on threats to the Africa region. Positive Technologies suggested that African organizations invest in developing their cybersecurity experts through regular training and certification to support in preventing and responding to cyberattacks. Read More: Infrastructure Cyberattacks, AI-Powered Threats Pummel Africa

According to a statement from the Libyan Presidential Council, President of the Libyan Presidential Council Mohammed al-Menfi met with Algerian President Abdelmadjid Tebboune and Tunisian President Kais Saied during the 7th Gas Exporting Countries Forum Summit in Algeria.

This initiative underscores a significant commitment towards addressing the critical issues of youth employment and social inclusion in the region. Building on Previous SuccessesThe first edition of this Regional High-Level Meeting laid the groundwork for a collaborative approach to tackling youth employment challenges. The meeting's success could have far-reaching impacts on youth employment policies not only in Tunisia but across North Africa and beyond. This event could mark a significant step forward in the global effort to ensure that youth employment remains at the forefront of the international development agenda. As the proposal moves forward, the anticipation grows for what could be a landmark event in the pursuit of meaningful and sustainable solutions for youth employment.

State Magazine, the U.S. State Department Magazine, has highlighted, in its March issue, the “enduring, multifaceted and long-standing” partnership between the United States and Morocco. The March issue of State Magazine devotes its “Post of the Month” section to Morocco and its strategic partnership with the United States. The Magazine states further that Morocco is rapidly modernizing its infrastructure and economy to capitalize on its role as a strategic hub in the region and world-class travel destination. It renews the United States’ commitment to continue to stand by the Kingdom, an Atlantic neighbor, ally, and friend of America. State Magazine also mentions the “African Lion”, “the largest annual military training exercise on the continent.”

Around 170 people were "executed" in attacks on three villages in northern Burkina Faso a week ago, a regional public prosecutor said Sunday. Burkina Faso soldiers patrol aboard a pick-up truck on the road from Dori to the Goudebo refugee camp, in the country's restive north, in this file photo taken in February 2020. Local security sources said the attacks were separate from deadly incidents at a mosque and a church in northern Burkina Faso that also happened a week ago. Burkina Faso has been grappling with a jihadist insurgency waged by rebels affiliated with al Qaeda and the Islamic State (IS) group that spilled over from neighbouring Mali in 2015. The violence has killed almost 20,000 people and displaced more than two million in Burkina Faso, one of the world's poorest countries situated in the Sahel, a region wracked by instability.

Top army officials from the southern African regional bloc visited the eastern Democratic Republic of Congo on Saturday, amid ongoing fighting between government troops and M23 rebels. The chiefs of defence staff of Southern African Development Community (SADC) countries held a high-level meeting in the city of Goma, capital of the embattled North Kivu province. He added that the visit by the chiefs of staff was “a strong signal of the commitment and determination of SADC and Burundi alongside the DRC”. It was their first coordination meeting since the deployment of SADC troops in North Kivu and came two days after SADC armoured vehicles were hit during an M23 attack. But some residents of Goma were not sure that the visit would make a difference in terms of the ongoing fighting.

Ingushetia, the smallest region in Russia, is wedged between North Ossetia and Chechnya. It has a population of about half a million people. For almost a decade until 2017, Russian security forces were battling an armed insurgency conducted by an array of Islamist militant groups in Ingushetia as well as in Dagestan and Chechnya. (Reporting by Lidia Kelly in Melbourne, Moscow bureau; Editing by Jamie Freed and Elaine Hardcastle)

Following the demise of its former boss Yevgeny Prigozhin and with a new leader at its helm, the infamous paramilitary Wagner Group is back in the game, helping the Kremlin to strengthen Russia’s presence in Libya and other parts of Africa. Years of civil war and chaos, the devastating flood, the absence of a democratic path, being politically fragmented between two rival administrations yet oil- and gold-rich, have made Libya prone to the influence of armed groups, most notably the Russian Wagner Group. Now under the lead of the new boss, General Andrei Averyanov, the paramilitary group is used by Moscow to expand its “security for resources” blueprint in the North African country, experts say. According to a recent report by the London-based military think tank Royal United Services Institute (RUSI), Russia is about to step up efforts even further in the form of an “Entente Roscolonial” — a group of states that actively seek to assist Russia — in the Middle East and Africa. The mercenaries now under his command in Libya who have been rebranded as the “Expeditionary Corps” continue to support General Khalifa Haftar and his Tobruk-based Libyan National Army (LNA).

Amphenol Corporation (NYSE: APH) announced today that its Board of Directors approved the first quarter 2022 dividend on its Common Stock in the amount of $0.20 per share at its meeting held on February 2, 2022. The Company will pay this first quarter 2022 dividend on April 13, 2022 to shareholders of record as of March 22, 2022. Amphenol designs, manufactures and assembles its products at facilities in the Americas, Europe, Asia, Australia and Africa and sells its products through its own global sales force, independent representatives and a global network of electronics distributors. Amphenol has a diversified presence as a leader in high-growth areas of the interconnect market including: Automotive, Broadband Communications, Commercial Aerospace, Industrial, Information Technology and Data Communications, Military, Mobile Devices and Mobile Networks. For more information, visit www.amphenol.com.

Saudi German Health (SGH), a leading healthcare group in the Middle East and North Africa (MENA) region, reaffirms its leadership in healthcare excellence with five of its hospitals ranking prominently in Newsweek’s Best Hospitals 2024 list, marking the highest number of top-ranked facilities in the region. Makarem Sobhi Batterjee, President and Vice Chairman of Saudi German Health, said, “At SGH, we take great pride in being the only hospital group in the region with five hospitals featured in Newsweek’s prestigious Best Hospitals 2024 list. Saudi German Health recently achieved a double victory at the Ada'a Health Awards, being the only private healthcare group to secure two prestigious awards. The World’s Best Hospitals 2024 report by Newsweek and global data firm Statista underscores the challenges faced by hospitals worldwide. Send us your press releases to pressrelease.zawya@lseg.com© Press Release 2024Disclaimer: The contents of this press release was provided from an external third party provider.